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Are IRA Conversions a Good Idea During Volatility?

Pimco's Tim Steffen discusses some considerations to bear in mind before converting.

Editor’s note: Read the latest on how the coronavirus is rattling the markets and what investors can do to navigate it.

Christine Benz: Hi, I'm Christine Benz for morningstar.com. Amid market volatility, some investors may want to consider converting traditional IRA assets to Roth. Joining me to discuss some considerations to bear in mind before converting is Tim Steffen. He's an advisor education consultant for Pimco. Tim, thank you for being here.

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